Author Question: The Retail Advertising and Marketing Association would like to estimate the average amount of money ... (Read 27 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
The Retail Advertising and Marketing Association would like to estimate the average amount of money that a person spends for Mother's Day with a 99 confidence interval and a margin of error within plus or minus 6.
 
  Assuming the standard deviation for spending on Mother's Day is 36, the required sample size is ________.A) 210
  B) 239
  C) 284
  D) 313

Question 2

The Retail Advertising and Marketing Association would like to estimate the average amount of money that a person spends for Mother's Day with a 99 confidence interval and a margin of error within plus or minus 12.
 
  Assuming the standard deviation for spending on Mother's Day is 36, the required sample size is ________.A) 60
  B) 72
  C) 97
  D) 108


sierrahalpin

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

For a complete list of videos, visit our video library